Posts Tagged ‘Vaupell Rapid Solutions’

Vaupell Rapid Solutions, a wholly owned subsidiary of Vaupell Molding and Tooling, Inc., has expanded to 20 Executive Drive in Hudson. Michael Bergeron, Business Development Manager for the NH Division of Economic Development, assisted the company in exploring state and federal programs available to growing companies.

Vaupell General Manager Stratton Smith and NH Division of Economic Development Business Development Manager Michael Bergeron celebrate Vaupell’s recent expansion in Hudson.

Steady growth over the last two years has allowed Vaupell to renovate a 37,500 square foot space and hire an additional nine people over their 50 employee base. Vaupell is a global contract manufacturer of custom injection molded components and assemblies focused on the aerospace, medical, and defense marketplaces. The new facility has a wide variety of processes and technologies to produce prototypes to full production assemblies from a wide range of materials including plastics, metals and composites.

“Vaupell is a great example of a high value manufacturing company in New Hampshire that is very competitive in the world market and is growing in New Hampshire because of the skilled labor and lower cost of businesses,” Bergeron said.

“We considered other states,” added Vaupell General Manager Stratton Smith, “but our quality people in Hudson and New Hampshire’s business friendly attitude made the difference.”

The company continues to working with Michael Bergeron on securing Enterprise Revitalization Zone tax credits. The program is an incentive for businesses to create new jobs. With the Economic Revitalization Zone Tax Credits (ERZ Tax Credit) Program, a company may be eligible for tax credits to be used against their Business Profit Tax and Business Enterprise Tax in a qualifying Economic Revitalization Zone Tax Credits (ERZ Tax Credit) Program project.